Byrdman on Nostr: corporation, n. (15c) An entity (usu. a business) having authority under law to act ...

corporation, n. (15c) An entity (usu. a business) having authority under law to act as a single PERSON distinct from the shareholders who own it and having rights to issue stock and exist indefinitely; a group or succession of PERSONS established in accordance with legal rules into a legal or juristic PERSON that has a legal PERSONALITY distinct from the natural PERSONS who make it up, exists indefinitely apart from them, and has the legal powers that its constitution gives it.

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